Call or Text (240) SELL-123
City / Town Overview

Farmington, MI

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The Farmington, MI real estate market currently shows 210 active listings, with 95 pending sales. Homes are averaging 42.7 days on the market before going under contract.

Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 42.7 days on market compared to 23.7 days last year.

The median listing price has fallen 10.1% year-over-year, from $380,060 to $341,737.

Whether you are buying or selling in Farmington, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for Farmington, MI and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 92,753  ·  Density: 1,059.8/mi²  ·  Median household income: $99,015

Typical home value: $307,873  ·  Homeownership: 64%

Included Areas

Farmington: 48331, 48332, 48333, 48334, 48335, 48336

Area Map

Market Overview

Active Listings
210
⇧ 8.8% vs 193 last year
Pending
95
45% pending ratio
Median Price
$341,737
⇩ 10.1% vs $380,060 last year
Average Price
$381,403
⇩ 9.3% vs $420,494 last year
Days on Market
42.7
⇧ 80.2% vs 24 days last year

Price Per Square Foot

Median $/sqft
$198
⇩ 0.3% vs $199/sqft last year
Median Home Size
1,689 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %